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Active

196 E Main Street

Wabash 46992

$153,000

MLS / Listing ID
202548742
Property class
RESIDENTIAL
Property type
Site-Built Home
Status
Active
Acres
0.139
County
Wabash County
City
Wabash
ZIP / Postal code
46992
Last updated
September 4, 2026

Property remarks

Here is your chance to bring a remarkable piece of local history back to life. Built in the 1890s, this Queen Anne–style home offers approximately 3,692 sq ft on the first and second floors and showcases many exterior improvements already completed to restore its historic character. The property is protected by an Exterior Covenant held by Indiana Landmarks, ensuring its architectural features are preserved for generations. Inside, the home is ready for a full renovation. Plumbing, heating, electrical, flooring, walls, and trim will require substantial work, but several original elements remain, including portions of the staircase, detailed trim, and two impressive oak fireplace mantels. Many main-level windows have been replaced with custom-fitted Anderson units to replicate missing or damaged sashes. Originally built as a duplex, the layout includes two kitchens, two dining rooms, two living rooms, two bathrooms, and six second-floor bedrooms—providing flexibility to restore as a two-unit residence or reconfigure into a spacious single-family home. A full basement, attached two-stall garage, and a large third-floor attic offer storage or potential expansion space. Buyers will need pre-approval for both acquisition and renovation costs. A restoration plan must be submitted and approved prior to offer acceptance By the Historic Landmarks Foundation Board of Directors. As an added incentive, a $10,000 credit once the renovations are completed within 18 months of purchase and city of Wabash issues an occupancy permit.

Listing attribution

Agent: Robert Lundquist (ID: 26466) 260-571-4653

Office: Lundquist Appraisals & Real Estate (ID: 6812)

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. All rights reserved.